Finance

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YC-Backed Instavest Wants To Help Investors Make Smarter Trades

Screen Shot 2015-03-20 at 3.28.21 PM Instavest, a Y Combinator-backed startup, wants to help retail investors benefit from the trades of others. It also wants to help savvy speculators profit by sharing their trading data. Investors can list their trades on Instavest, including the company, share amount and rationale behind the investment. Other users can invest alongside the people willing to share their own purchases and sales.… Read More

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Bankjoy Is Building A Modern-Day Mobile Banking App For Use By Credit Unions And Smaller Banks

03 Thanks to startups like Simple, which was acquired by financial services organization BBVA last year, banking customers got a look at what a modern-day web and mobile banking experience looks like, with features like goal-setting tools, automated categorization of expenditures, real-time notifications of new charges pushed to your mobile phone, the ability to block a lost or stolen card… Read More

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CrunchWeek: Box’s Earnings, Apple’s Watch, And What The Hell Is Meerkat

crunchweek-4-3 CrunchWeek is back with a new face running the ship: Recent TechCrunch hire Sarah Lane was our captain this time around, joined by myself and Kyle Russell. We kicked over the most important stories of the week, including the announcement of pricing data and release dates for Apple’s Watch, Box’s earnings which caused the company’s stock to move dramatically, and Meerkat,… Read More

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Get Ready For Box’s Earnings

Screen Shot 2015-03-11 at 11.04.40 AM Box, a cloud storage and productivity company, will report its first quarterly earnings result today after the bell. The market expects Box to announce a $39.75 million loss on revenue of $58.03 million. Billings are expected to total $80.85 million for the period — Box’s fourth quarter of its fiscal 2015. Read More

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Wealthfront Now Manages More Than $2 Billion In Client Assets

Wealthfront_Market_Overview.pdf Wealthfront, the automated investment services company that competes with traditional financial advisory behemoths like Fidelity, has today crossed the $2 billion mark in terms of assets managed.
The achievement for a company, which two years ago was managing approximately $500 million in client assets, is impressive, and it makes Wealthfront the first in its space to rake in that much… Read More

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Apple Took 89% Of Q4 Smartphone Profits With Android OEMs In A Race To The Bottom

American dollars falling in the sky Google’s Android has gobbled up market share world wide, now accounting for over 80% of all smartphone shipped globally. But when it comes to actually making money, Apple is eating all the profits as it continues its focus on premium devices. Today Strategy Analytics said that Apple in Q4 last year accounted for 89% of all smartphone profits, equating to $18.8 billion, with… Read More

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Wall Street-Backed Symphony Wants To Revolutionize Financial Services Communication

Two men sitting in front of bank of monitors with stock prices. The company’s backers include a who’s who of Wall Street financial companies: Bank of America Merrill Lynch, BNY Mellon, BlackRock, Citadel, Citi, Credit Suisse, Deutsche Bank, Goldman Sachs, HSBC, Jefferies, JPMorgan, Maverick, Morgan Stanley, Nomura and Wells Fargo. Last fall, these companies contributed $66M to finance Symphony, and using that money, purchased Perzo, a… Read More

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RapidMiner Picks Up $15M More To Scale Its ‘Business Source’ Data Analytics Service

Screen Shot 2015-02-20 at 9.59.06 AM This week, RapidMiner announced that it has raised a $15 million Series B round of capital. The company had previously raised a total of $5 million, bringing its total capital tally to $20 million. The round was co-led by Ascent Venture Partners and Longworth Venture Partners. RapidMiner, headquartered in Cambridge, Mass., provides what it describes as “code-free” analytics tools.… Read More

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SkyGiraffe Raises $3M More To Help Companies Build Mobile Apps

Screen Shot 2015-02-18 at 2.44.23 PM SkyGiraffe, a startup that helps companies quickly build and deploy apps, has raised a $3 million Series A round of capital, led by Trilogy Equity Partners. Prior investor 500 Startups participated in the capital event. Trilogy, unsurprisingly, picked a board seat as part of the round. The market that SkyGiraffe focused on, custom apps for businesses, is a hot space at the moment. Earlier… Read More

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